MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-TN-02-0038742
Mag Edu Solutions (India) Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹30.18 Lakh
▲ 95% YoY
Net profit · FY 2019
₹46,175
Net margin 1.5%
EBITDA · FY 2019
₹68,752
EBITDA margin 2.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
GST registrations
2
None active
About Mag Edu Solutions (India) Private Limited
Data last updated:
Mag Edu Solutions (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U80904TN2010PTC076145. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Saravana Narayanan Maduraiveera (Managing Director) and Santhosh Poongavanam.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.55 3rd Floor Station View Road Kodambakkam, Chennai, Tamil Nadu, India – 600024.
As per the financials filed for FY 2019, the company reported a revenue of ₹30.18 Lakh, a growth of 95% compared to the previous year. For the same year it recorded a net profit of ₹46,175 (net margin 1.5%) and EBITDA of ₹68,752 (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 1% over five years.
The company is associated with 1 brand: MAG Edu Solutions.
Mag Edu Solutions (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0038742). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website magedusolutions.com.
Company details
CIN U80904TN2010PTC076145
Registration Number 076145
Incorporation Date 15 June 2010
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0038742
Recognitions & Rankings of Mag Edu Solutions (India)
Contact details
Mag Edu Solutions (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is magedusolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.55 3rd Floor Station View Road Kodambakkam, Chennai, Tamil Nadu, India – 600024
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Mag Edu Solutions (India) Private Limited, buy the company report.
Comprehensive company report
Mag Edu Solutions (India) Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Mag Edu Solutions (India) operates one associated brand: MAG Edu Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software development, web applications, and IT services focused on education and business solutions in Chennai. | magedusolutions.com |
Business activity
The main business activity of Mag Edu Solutions (India) is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Mag Edu Solutions (India) Private Limited, buy the company report.
Financials of Mag Edu Solutions (India) Private Limited
FY 2019 filings availableMag Edu Solutions (India) Private Limited reported revenue of ₹30.18 Lakh (up 95% YoY) for FY 2019.
Revenue · FY 2019
₹30.18 Lakh ▲ 95%
Net profit · FY 2019
₹46,175 margin 1.5%
EBITDA · FY 2019
₹68,752 margin 2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 95%
3 years · compounded
▲ 41%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 79%
3 years · compounded
▼ 44%
5 years · compounded
▼ 15%
Revenue rose 95% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 79% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹30.18 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Total Expenses | |||||
| EBITDA | ₹68,752 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹46,175 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mag Edu Solutions (India) Private Limited, buy the company report.
Board of directors of Mag Edu Solutions (India) Private Limited
Mag Edu Solutions (India) has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saravana Narayanan Maduraiveera | Managing Director | 15 Jun 2010 | 16 Years 4 Months | Current |
| Santhosh Poongavanam | Director | 15 Jun 2010 | 16 Years 4 Months | Current |
Auditor
Mag Edu Solutions (India) Private Limited is audited by MOHAN & RAJENDRAN for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHAN & RAJENDRAN | FY 2019 | 002094S |
Shareholding
The shareholding of Mag Edu Solutions (India) Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mag Edu Solutions (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mag Edu Solutions (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mag Edu Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mag Edu Solutions (India) has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Mag Edu Solutions (India) Private Limited, buy the company report.
Recent activity
Mag Edu Solutions (India) Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Santhosh Poongavanam was appointed as Director on 15 Jun 2010.
AGM
Mag Edu Solutions (India) Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Mag Edu Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.
Appointed
Santhosh Poongavanam was appointed as Director.
Appointed
Saravana Narayanan Maduraiveera was appointed as Managing Director.
Incorporation
15 Jun 2010
Mag Edu Solutions (India) Private Limited was registered on 15 Jun 2010 with Roc Chennai & aged 16 years 4 months as per MCA records.
Frequently asked questions
Mag Edu Solutions (India) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 June 2010 (16+ years old) and is registered under CIN U80904TN2010PTC076145.
Mag Edu Solutions (India) has 2 current directors:
- Saravana Narayanan Maduraiveera - Managing Director
- Santhosh Poongavanam - Director
The latest financial statements of Mag Edu Solutions (India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Mag Edu Solutions (India) has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Mag Edu Solutions (India) is U80904TN2010PTC076145. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mag Edu Solutions (India) was incorporated on 15 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
Santhosh Poongavanam was appointed as Director on 15 Jun 2010. Saravana Narayanan Maduraiveera was appointed as Managing Director on 15 Jun 2010.
Yes, Mag Edu Solutions (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0038742).
Mag Edu Solutions (India) can be reached through the website magedusolutions.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Mag Edu Solutions (India) is at No.55 3rd Floor Station View Road Kodambakkam, Chennai, Tamil Nadu, India – 600024.